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Kiplinger
Kiplinger
Business
Carla Ayers

Equifax Agrees to $100 Million Settlement Over Credit Score Error: Are You Eligible for a Payment?

Equifax logo is seen on a smartphone.

Equifax has agreed to create a $100 million settlement fund over allegations that a coding error caused it to send inaccurate credit scores to lenders in 2022. Roughly 4 million people could be covered by the settlement.

Claims aren't open yet. The proposed settlement still needs final court approval, with a hearing scheduled for January 22, 2027. If approved, eligible consumers will receive information about how to submit a claim for payment.

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